STC to pay 10% dividend for Q4 2019
Saudi Telecom Co.’s (STC) board of directors will distribute a 10% cash dividend to shareholders for the fourth quarter of 2019, at SAR 1 per share, amounting to SAR 2 billion, according to a bourse statement on Wednesday.
The telecom provider noted that dividend distribution will be processed to eligible shareholders through Banque Saudi Fransi (BSF) branches.
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Dividend Details (Q4 2019) |
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Current Capital |
SAR 20 bln |
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Number of shares |
2 bln |
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Dividend |
SAR 2 bln |
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Percentage of capital |
10% (SAR 1 per share) |
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Record date |
2nd day of general assembly’s meeting |
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Payment date |
To be announced later |
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Dividend for FY 2019 |
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Total dividend |
SAR 8 bln |
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Percentage of capital |
40% (SAR 4/share) |
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Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 22/01/2020 | 20/04/2020 | 11/05/2020 | 2,000.00 | 0.40 | |
| 22/10/2019 | 29/10/2019 | 19/11/2019 | 2,000.00 | 0.40 | |
| 22/07/2019 | 29/07/2019 | 26/08/2019 | 2,000.00 | 0.40 | |
| 22/04/2019 | 05/05/2019 | 27/05/2019 | 2,000.00 | 0.40 | |
| 16/12/2018 | 24/04/2019 | 16/05/2019 | 4,000.00 | 0.80 | |
| 16/12/2018 | 24/04/2019 | 16/05/2019 | 2,000.00 | 0.40 | |
| 24/10/2018 | 29/10/2018 | 20/11/2018 | 2,000.00 | 0.40 | |
| 26/07/2018 | 31/07/2018 | 16/08/2018 | 2,000.00 | 0.40 | |
| 22/04/2018 | 07/05/2018 | 28/05/2018 | 2,000.00 | 0.40 | |
| 25/01/2018 | 26/04/2018 | 17/05/2018 | 2,000.00 | 0.40 |
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any
Dividend History
| Consolidated cash dividend | Cash dividend per share (SAR) | * The stock price at the beginning of the period (SAR) | Return on the base price |
|---|---|---|---|
| Last 3 Financial years | 5.60 | 29.05 | 19.28 % |
| Last 5 Financial years | 8.80 | 26.50 | 33.21 % |
| Last 10 Financial years | 13.90 | 17.72 | 78.44 % |
Based on the beginning of the period (January 1 of the base year)
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Valuation Data (Latest Share Price)
| P/E (TTM) | 14.70 |
| Recurring P/E (TTM) | 15.30 |
| P/BV | 2.54 |
| Dividend Yield | 5.11 % |
| Market Cap. (M) | 215,700.22 |
| Return on Average Assets | 9.21 % |
| Return on Average Equity | 17.50 % |
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